Boys Win KPMG Enterprise Trophy
Thursday, 09 February 2012
In what is always a closely fought battle between teams of Sixth Form boys and girls, this year's winner of the KPMG Enterprise Trophy was UniLingo. The trophy was awarded to them by returning Old Girl Frankie Davenport who works in the International Corporate Tax Department at KPMG, having graduated with a degree in Economics from St Andrews. In her closing remarks she said "this year we have seen an unprecedentedly high standard of entry, possibly the best ever."
The annual competition, which pits the best two girls' Sixth Form teams against the two best teams from the boys' school, was as close as ever, with each team presenting viable business propositions through professional presentations to a judging panel and an audience of students and teachers.
This year's judging panel - "the dragons" - comprised David Bradley, Technical Services Manager at Milliken Industrials; Ian Ashworth of Ashworth Management Services; and BT Call Centre Manager, Phil Warriner. They had the unenviable task of declaring a winner from the four high quality offerings. Stephanie Foster, a Partner at Rivington Associates was also in attendance, having run Business Enterprise and Awareness Training (BEAT) courses for the boys at Patterdale Hall and for the Girls' Division PSE programme. Following these programmes, the 230 students from Year 12 of both divisions, formed teams of five to develop prospective new businesses offering a new product or service with a view to asking a local bank for a business loan to set up their new enterprise. The four teams that had won through to the final had thus already overcome a lot of competition and had chance to polish their performance along the way. On the night, each group made a ten minute presentation, backed up by PowerPoint slides, to a panel of judges. Teams were put under considerable pressure in defending the virtues and merits of their marketing strategies and cash-flow forecasts.
Smartcase opened the pitches with an excellent presentation explaining their proposition of offering customisable cases for smart phones; Cycene (the Old English word for "kitchen") promised to deliver safer cooking for beginners and the elderly through their new "Red Hot" product which warned you when your pan was running dry; UniLingo pitched a product which would allow wireless earpiece translation; and Earbuddies offered affordable, wireless and blue-tooth enabled earplugs.
After grilling each team with some searching questions the judges made their decision and the winning team was announced as UniLingo with the runners-up being Earbuddies.
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